
Atwater, California 95301
This Value-Add Residential Asset is listed at $329,000, representing a market-aligned entry relative to its $301,722 Fair Market Value. Currently holding a Functional but Outdated Condition Rating, the home requires cosmetic updates to unlock its full appreciation potential. The property features a 7,193 square foot lot with a covered patio, offering high available lot utilization for outdoor entertaining. Situated in the Merced Union High School District, this High-Potential Investment Opportunity is perfectly suited for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through renovation in a stable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1565 High Street Subject | $329,000* List Price | 3 | 2 | 1,127 | $268 | - |
A 1666 Vann Ter Sold | $360,000 | 3 | 2 | 1,044 | $345 | 0.6 mi |
B 1263 Juniper Sold | $349,900 | 2 | 2 | 1,287 | $272 | 0.4 mi |
C 2317 High Sold | $350,000 | 3 | 2 | 1,185 | $295 | 0.6 mi |
D 1220 Bellevue Road Sold | $320,000 | 3 | 2 | 1,242 | $258 | 0.9 mi |
E 469 Elm Pending | $295,000 List Price | 3 | 1 | 1,225 | $241 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1958 build that appears functional and maintained but is significantly outdated. The kitchen features older oak cabinetry, laminate countertops, and white appliances, while the interior shows aged linoleum and carpet. It requires cosmetic updates and modernization throughout to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7193, living area = 1127.
The property features a spacious 7,193 sqft lot with a covered patio and large backyard, providing excellent space for outdoor entertaining and recreation.
Conveniently situated near local schools, parks, and shopping centers, this home offers high appeal for families and long-term rental stability.
The interior requires cosmetic updates and modernization, which will necessitate an immediate post-purchase budget for repairs and improvements.
With only 1,127 square feet shared across three bedrooms and two bathrooms, the living areas may feel constrained for larger households.
This home features 1127 square feet with 3 bedrooms, 2 bathroom home built in 1958 with a 2 car garage. Excellent investment opportunity with cosmetic updates needed. Features include a covered patio and a spacious backyard, ideal for outdoor enjoyment and entertaining. Conveniently located near schools, parks, and shopping. Great potential for rental or owner-occupant.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,127 | 1,736.5 | 10% |
| Lot Size | 7,193 | 8,216.5 | 38% |
| Price | $329.0K | $457.5K | 9% |
| Price per sq ft | $292 | $268 | 62% |
| Built year | 1958 | 1986 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 173 | 1% |
Mar 28, 2026
$329,000
Initial Listing